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Search Results for: retail real estate development – Page 17

Rüdiger Dany, CEO, and Eliza Predoui, CFO, of NEPI Rockcastle. /// credit: NEPI Rockcastle

NEPI Rockcastle Reports Strong Growth In NOI And Tenant Sales In Q3 2024

NEPI Rockcastle has delivered a robust performance in Q3 2024, achieving a 12.3% growth in net operating income (“NOI”) to €411 million in the first nine months (“9M”) of 2024 versus the same period of 2023. On a like-for-like (“LFL”) basis, NOI increased by 8.4%. The continuing momentum in the Company’s growth was driven by higher rents and short-term income as well as the disciplined management of operating costs.

BALFIN Group: “New markets need courageous people.”

The BALFIN Group has brought nothing less than the idea of shopping centers to Albania. The group is not only a developer and operator of assets but has also developed into one of the most influential retail and wholesale players in the Western Balkans. “It takes courage, trust, and patience to break new ground,” says Julian Mane, Vice President Retail of the BALFIN Group. “But whoever is among the first on a new market will also be the most successful.” In the extensive interview with ACROSS, Mane explains, among other things, how he convinces brands to enter the Albanian market, what they can expect there, and why retail parks will be the future concept for the country.

credit: Eurofund

LEISURE IS HOW YOU GET PEOPLE TO SHOPPING PLACES – FOOD IS HOW YOU GET THEM TO STAY

Ian Sandford, President of Eurofund Group, creates places that combine shopping, gastronomy, and leisure, ensuring that everyone finds a reason to go to a center every day. He coined the term “shopping resort” as a result. After numerous very successful projects, particularly with Puerto Venecia in Spain and Ubbo in Lisbon, he is now bringing his idea of a shopping resort to the Rhein-Ruhr Zentrum in Germany. In this interview, he explains what managers can learn from goldfish and why courage is more crucial than ever. He also shares his plans for the Rhein-Ruhr Zentrum and his other assets.

Last year's Mapic Awards winners. /// credit: Mapic, S. CHAMPEAUX / IMAGE&CO

The Mapic Awards 2024 Finalists Are Revealed

MAPIC has revealed the finalists for its highly anticipated MAPIC Awards 2024. The awards, which recognise outstanding achievement across 13 categories, showcase the year’s most innovative and impactful players in retail real estate, from established brands to emerging concepts. Winners will be announced on 28th November during MAPIC in Cannes, France.

Brendon O'Reilly, Managing Director of FASHION HOUSE Group (left), Outlet Centre Pallady in Bucharest, Romania (right). /// credit: FASHION HOUSE Group

WE STILL NEED MORE INVESTORS WHO UNDERSTAND OUR BUSINESS

Fashion House Group is the only outlet operator in Romania, and it benefits from a growing interest in international brands in Southeast Europe. In this interview with ACROSS, Brendon O’Reilly, Managing Director of Fashion House Group, explains how he wants to grow and expand with these brands.

Antoine Frey, CEO of FREY (left), Thomas Reichenauer, Co-Founder and Managing Director of ROS Retail Outlet Shopping (right). /// credit: FREY, ROS

“WITHIN THE NEXT TEN YEARS, WE WANT TO BUILD TOGETHER ONE OF THE BEST EUROPEAN COMPANIES DEVELOPING, OWNING, AND MANAGING OUTLETS”

This summer, ROS Retail Outlet Shopping joined the French FREY Group to grow together in the outlet sector. In this interview, Antoine Frey, CEO of FREY, and Thomas Reichenauer, Co-Founder and Managing Director of ROS Retail Outlet Shopping, explain which values and visions both companies have in common, what plans they are pursuing, especially with their first project in Malmö, and why they feel particularly comfortable in the outlet and outdoor shopping sector in the long term.

Justyna Bartosz is the Head of Leasing at NEPI Rockcastle. /// credit: NEPI Rockcastle

“CREATING PLACES WHERE PEOPLE ENJOY MEMORABLE MOMENTS TOGETHER – THAT IS THE UNDERLYING PRINCIPLE FOR ALL CHANGE AND INNOVATION.”

NEPI Rockcastle’s strong net operating income (NOI) growth of 13.5% in the first half of 2024 allowed the company to raise its forecast for full-year distributable earnings per share. Justyna Bartosz, the Group’s Head of Leasing, explains what makes the CEE’s retail and consumer world tick and why it is that NEPI Rockcastle and its tenants can’t pay enough attention to the buzzwords: experience, community building, and authenticity.

Promenada Novi Sad, Serbia. /// credit: BIG CEE

BIG CEE Acquires Promenada Shopping Mall In Serbia

The acquisition of the leading shopping mall in Novi Sad for 177 million euros by BIG CEE marked Serbia´s largest retail transaction ever. Promenada, one of the strongest malls in the country, features many international brands, a 100% occupancy rate, and more than 10 million visitors annually.

credit: Avannah van der Niet for CEE CEE CREATIVE HIGHRES

HOW POTSDAMER PLATZ ATTRACTED GLOBAL BRANDS

The secret to a thriving retail destination lies in the art of curating a unique combination of retailers set against aesthetic backdrops with a blend of loyal customers, brands, and events that consistently attract new visitors. This is no easy feat in the competitive European market. However, The Playce at Potsdamer Platz, located in central Berlin, has emerged as a place of “firsts” for the city, Germany, and Europe.

New tenants and a new interior and exterior design further optimize the Dreieich Nordpark offering. Credit: MEC

MEC makes Dreieich Nordpark fit for the future with tailor-made refurbishment

Evolutionary development to secure the location: Dreieich Nordpark, located around ten kilometers south of Frankfurt am Main and a central supply location for the residents of Dreieich and the Offenbach district, has been extensively modernized – and a number of new tenants have also been added to the location’s offering.

credit: RegioData

RegioPlan: How Much Investment Should Go Into Leisure?

In recent years, leisure expenditures and household income in Austria have changed significantly. Leisure activities like dining out and entertainment have gained considerable importance in the retail and real estate sector as well.

People on the move: Angelus Bernreuther is leaving Kaufland

Angelus Bernreuther, Head of IR at Kaufland Stiftung & Co. KG and member of the ACROSS Advisory Board, will leave the international foot retailer Kaufland end of July. He worked with Kaufland seven years. After a short break, he will be taking on a new position in the German real estate business.

Francesco Pupillo is the MAPIC Director

“GOOD SHOPPING CENTERS SEE THEMSELVES AS STAGES”

The most difficult times are behind us and retail has proven to be resilient, states MAPIC Director Francesco Pupillo. As such, this year’s MAPIC will once again be clearly focused on matchmaking and brands – especially dynamic brands that are part of experiential retail.

Last year´s Mapic Awards winners. /// credit: S. CHAMPEAUX / IMAGE&CO

The MAPIC Awards Return In 2024 To Celebrate Excellence And Innovation

Since 1996, the MAPIC Awards reward excellence, innovation and creativity in the retail real estate industry, celebrating the industry’s most useful, sustainable and visionary projects. This year, the MAPIC Awards feature a number of new categories, reflecting MAPIC’s commitment to serve communities, businesses and the planet. The entry phase of the competition is open until July 22, 2024.

H Știrbei Palace in Bucharest, exterior render. /// credit: CBRE

Bucharest´s New Luxury Shopping Destination, H Știrbei Palace

CBRE Romania has announced its exclusive involvement in the leasing strategy of H Știrbei Palace, an emblematic historical monument located in the heart of Bucharest and one of the most anticipated retail projects in the capital. After the completion of the renovation works, Știrbei Palace aims to become a landmark shopping gallery for luxury brands in South-Eastern Europe.

credit: Citycon

Key Factors Driving Quality At Shopping Centers

Why do we visit shopping centers? Is it merely for shopping, or are we seeking entertainment, a place to meet, or perhaps all of these experiences combined? Despite the diverse reasons that draw us to shopping centers, one expectation remains consistent across all visits: the demand for quality.

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Shaping Spaces: Top Placemaking Projects of 2025
Across the globe, developers and architects are reimagining what it means to create “retail space.” The projects featured in this special edition, selected by leading industry experts, represent more than just successful developments; they are blueprints for the future of how we live, shop, and connect.
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